LANGFORD, J.T.
LANGFORD, J.T. is a Texas oil lease in Montague County, Railroad Commission district 09, operated by Wiser Oil Company, The. It has 2 wellbores on file with the Commission. Reported production runs from January 1993 to August 2026, totalling 40,914 barrels. The lease is currently producing. Fitting a decline curve to that history and pricing the remaining production at today's forward curve values the whole lease — a 100% undivided interest — at about $84K, with roughly $16K expected over the next twelve months. An individual royalty owner receives their own decimal interest times that figure. Over the last twelve months on file it averaged 13 barrels a month, about 6 per wellbore. Its strongest month on the record we hold was May 2016, at 79 barrels. In our own backtest, leases producing at this rate are forecast to within about 45% of what they went on to produce, and that measured error is the range shown on the page rather than a confidence of our own devising.
Key facts about LANGFORD, J.T.
- Who operates LANGFORD, J.T.?
- LANGFORD, J.T. is operated by Wiser Oil Company, The, Railroad Commission of Texas operator number 933800.
- Where is LANGFORD, J.T.?
- LANGFORD, J.T. is a Texas oil lease in Montague County, Texas, in Railroad Commission district 09. Its Railroad Commission lease number is 27432.
- Is LANGFORD, J.T. still producing?
- LANGFORD, J.T. is currently producing. The most recent month of production reported to the Railroad Commission of Texas for LANGFORD, J.T. is August 2026.
- How much has LANGFORD, J.T. produced?
- LANGFORD, J.T. has reported 40,914 barrels of oil (bbl) to the Railroad Commission of Texas between January 1993 and August 2026, from 2 wellbores.
- How much is LANGFORD, J.T. worth?
- The remaining production from LANGFORD, J.T. is estimated to be worth about $84K in total as of 27 August 2026, within a range of $46K to $122K. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in LANGFORD, J.T. is a fraction of it. The estimate fits an Arps decline curve to the production LANGFORD, J.T. has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for LANGFORD, J.T. is an estimate of value, not an offer and not an appraisal.
- How much income does LANGFORD, J.T. generate in a year?
- LANGFORD, J.T. is forecast to net about $16K across the whole undivided lease over the twelve months following 27 August 2026, before income tax. A royalty owner in LANGFORD, J.T. receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Wiser Oil Company, The |
|---|---|
| Field | Bowers (Strawn 3100) |
| County | Montague County, Texas |
| RRC district | 09 |
| Lease number | 27432 |
| Wellbores | 2 |
| Reported production | 40,914 bbl |
| First reported | |
| Last reported | |
| Estimated royalty value | $84K |
Where LANGFORD, J.T. sits
Source: Railroad Commission of Texas lease production records, complete through . Figures on this page were computed on .
Production figures are as reported to the Railroad Commission of Texas. The value shown is an estimate produced by fitting a decline curve to that reported history; it is not an offer or an appraisal. How this estimate is calculated.